Jake Metzler joins Inovium as Chief Technical Officer
April 19, 2007

LAS VEGAS--(BUSINESS WIRE)--Inovium Corp. - an innovative billing and payment Software-as-a-Service provider - today announced that Mr. Jake Metzler has joined the company as its Chief Technology Officer – a new position. Mr. Metzler is a former venture capitalist and business executive specializing in technology companies, with more than four decades of computer related product R&D, program management, consulting, strategic evaluation and executive management. For 8 years, Mr. Metzler has designed mainframe computers as well as computer peripherals, including the electronics of check readers for Burroughs Corp. He was a leading digital electronic engineer for five years in the Israeli military, and later became President/CEO at Computer Challenge and ImageBase Technologies. In 1990, Mr. Metzler joined Packard Bell as Sr. Vice President and CTO, and in 1999 he joined Argoquest Holdings, a venture Capital firm with more than 60 investments. He has been developing real estate projects in Southern California since 2002. Mr. Metzler has earned a B.Sc. EE from Cal-Poly, and a M.Sc. Computer Science, from USC.

“We are delighted to have Jake join our company,” says Joe Meshi, Inovium’s President and CEO. “He is a highly capable professional and has already contributed to our development efforts. We are looking forward to enjoying his vision and technical insight for years to come.”

Inovium Corp. provides electronic billing and payment systems that automate the accounts receivable functions of upper-small and medium size companies and enable them to transition away from paper processing of A/R. The company’s products include an Electronic Invoicing, Presentment and Payment (EIPP) system with an integrated, Check 21 compatible Remote Deposit Capture capability. Inovium’s headquarters are located in Las Vegas, with offices in Orange County, Calif., and in Europe.